Snowmass Village Real Estate

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155 Timbers Club , Snowmass Village

Listed at $11,000,000.00
Location: Snowmass Village
Type: Commercial
MLS: 171433
Sq Ft: 9645
Built in 2004

The owner of five (5) Timbers Club condominiums (40 fractional interests) is selling the rights and real properties as a bulk acquisition. The Timbers Club is a five-star Private Residence Club with a consistent record of resales. The five units are leased currently to Exclusive Resorts, an elite vacation club, on a staggered basis with the leases expiring between 2027 and 2030. Exclusive Resorts pays all assessments and real estate taxes. There have been 5 extensions of the leases since 2007. Upon expiration of each lease, which is one unit each year from June 2027 through June 2029 and two in 2030, each unit of eight (8) fractional interests must be sold and returned/integrated with the Timbers Club overall membership. THE HOA BOARD OF MANAGERS MUST APPROVE PURCHASER.
Listing information courtesy of Aspen Snowmass Sotheby's International Realty-Hyman Mall

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